Big Chill, Inc. sells portable dehumidifier units at $194. Unit variable costs are $126. Fixed costs are $4,175,000. Management has set a profit objective of 16.0% return on sales. Calculate the sales volume in dollars that will provide a 16.0% return on sales. Round your answer to the nearest dollar.

Big Chill, Inc. sells portable dehumidifier units at $194. Unit variable costs are $126. Fixed costs are $4,175,000. Management has set a profit objective of 16.0% return on sales. Calculate the sales volume in dollars that will provide a 16.0% return on sales. Round your answer to the nearest dollar.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 5EA: Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of...

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